Researchers have shown that market-based mechanisms result in the efficient allocation of scarce resources [1]}, [2]}. [3]} concluded that the market mechanisms would essentially reveal the resources' true economic value at the congested airport. They provide a flexible and transparent approach for balancing supply-demand mismatch through pricing. These mechanisms also provide equal opportunities to the legacy carriers and the new entrant and promote healthy competition. Various market-based mechanisms such as congestion pricing, auctions, and secondary trading of slots have been proposed. Congestion pricing favors charging airlines a fee based on several proposed rules such as:
